Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

West Red Lake Gold Mines Inc

www: www.westredlakegold.com   email: investors@westredlakegold.com
Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CVE:WRLG CAD
OTCMKTS:WRLGF USD

Description

West Red Lake Gold Mines Inc are a gold focused junior, late stage developer with one mine in development in Canada and three exploration properties. They have approximately 2.8Moz. of gold in the reserves and resources category of which 1.8Moz. are in the measured and indicated category. They have a market capitalisation of ~C$167.66M which is a fall of roughly 12% over the last one months. As of 05/10/2024 they have no debt and ~C$18.26M cash. They have 264M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 05/10/2024
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
MCap (FD): $190.03M $167.66M 05/10/2024 $-22.37M
Total Assets: $78.74M $78.89M 05/10/2024 $0.15M
Total Liabilities: $24.06M $24.11M 05/10/2024 $0.05M
Current Assets: $22.60M $22.65M 05/10/2024 $0.04M
Current Liabilities: $8.75M $8.77M 05/10/2024 $0.02M
Total Debt: $0.00M $0.00M 05/10/2024 $0.00M
Cash: $18.23M $18.26M 05/10/2024 $0.03M
Enterprise Value: $171.80M $149.39M 09/25/1974 $-22.41M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 05/13/2023 n/a
Misc 05/10/2024
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 264,000,000 264,000,000 05/10/2024 0
Shares (FD): 389,000,000 389,000,000 05/10/2024 0
Insider Ownership: n/a 35% 05/10/2024 35%
Dividend (Annual): n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2026 05/13/2023 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
05/13/2023 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
05/13/2023 0
Initial CapEx (Outstanding): n/a n/a 05/13/2023 n/a
Funding Option: n/a n/a 05/13/2023 n/a
Documentation: none none 05/10/2024 n/a
Future MCap Modifier: 0.15
Developer: Strong Path to Production
0.15
Developer: Strong Path to Production
05/10/2024 0
Cash Flow Multiplier: 10 10 05/10/2024 0.00

Resource Data

GOLD 05/10/2024
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/13/2023 0.00M
Measured & Indicated: 1.80M 1.80M 05/10/2024 0.00M
Inferred: 1.00M 1.00M 05/10/2024 0.00M
Reserves & Resources: 2.80M 2.80M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/13/2023 0.00M
Measured & Indicated: 1.37M 1.37M 05/10/2024 0.00M
Inferred: 0.48M 0.48M 05/10/2024 0.00M
Reserves & Resources: 1.84M 1.84M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/13/2023 $0.00
Extra Operating Cost: n/a n/a 05/13/2023 $0.00
Total: $1,600 $1,600 05/13/2023 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E
Underground (Avg): 6.00 g/t 6.00 g/t 05/10/2024 n/a
Open Pit (Avg): n/a n/a 05/13/2023 n/a
Recovery Rate: (CG)  95.00% (CG)  95.00% 05/10/2024 0.00%
F
U
T
U
R
E
Proven & Probable: 2.50M 2.50M 05/10/2024 0.00M
Annual Production: 100,000oz. 100,000oz. 05/10/2024 0oz.
Cash Cost: $1,050 $1,050 05/10/2024 $0
Extra Operating Cost: $550 $550 05/10/2024 $0
SILVER 05/10/2024
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/13/2023 0.00M
Measured & Indicated: n/a n/a 05/13/2023 0.00M
Inferred: n/a n/a 05/13/2023 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/13/2023 0.00M
Measured & Indicated: n/a n/a 05/13/2023 0.00M
Inferred: n/a n/a 05/13/2023 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/13/2023 $0.00
Extra Operating Cost: n/a n/a 05/13/2023 $0.00
Total: n/a n/a 05/13/2023 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E
Underground (Avg): n/a n/a 05/13/2023 n/a
Open Pit (Avg): n/a n/a 05/13/2023 n/a
Recovery Rate: n/a n/a 05/13/2023 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 05/13/2023 0.00M
Annual Production: n/a n/a 05/13/2023 n/a
Cash Cost: n/a n/a 05/13/2023 n/a
Extra Operating Cost: n/a n/a 05/13/2023 n/a

Property

Last Analysis Data  (05/10/2024)
Stage Name Owned Au Ag Cu Notes
Dev Madsen 100% show
2M oz deposit at 6 gpt.

Mill
Ready to restart production.
Exp Mount Jamie 100% show
Early exploration
Exp Red Summit 100% show
Early exploration
Exp Rowan 100% show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha): 7,800  
Current Data
Stage Name Owned Au Ag Cu Notes
Dev Madsen 100% show
2M oz deposit at 6 gpt.

Mill
Ready to restart production.
Exp Mount Jamie 100% show
Early exploration
Exp Red Summit 100% show
Early exploration
Exp Rowan 100% show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha): 7,800  

Profitability (by resource)

Proven &
Probable
05/10/2024
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD MCap / Gold Eq.: n/a n/a n/a $0.00
FD MCap / Silver Eq.: n/a n/a n/a $0.00
FD MCap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
05/10/2024
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.80M 1.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -8.08M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.37M 1.37M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -6.14M
Maximum Profit (Gold): $1,030.38M $986.05M n/a $-44.32M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,030.38M $986.05M n/a $-44.32M
Max Profit / Current MCap: 5.422 5.881 n/a 0.459
Max Profit Per Share (Gold): $2.65 $2.53 n/a $-0.11
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.65 $2.53 n/a $-0.11
Total Free Profit Per Share: $1.98 $1.94 n/a $-0.03
FD MCap / Gold Eq.: $138.91 $122.56 n/a $-16.35
FD MCap / Silver Eq.: $1.67 $1.56 n/a $-0.11
FD MCap / Per Metal
as % Spot Price:
5.90% 5.28% n/a -0.62%

Reserves &
Resources
05/10/2024
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.80M 2.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -12.57M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.84M 1.84M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -8.27M
Maximum Profit (Gold): $1,388.15M $1,328.43M n/a $-59.71M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,388.15M $1,328.43M n/a $-59.71M
Max Profit / Current MCap: 7.305 7.924 n/a 0.619
Max Profit Per Share (Gold): $3.57 $3.41 n/a $-0.15
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.57 $3.41 n/a $-0.15
Total Free Profit Per Share: $2.90 $2.82 n/a $-0.07
FD MCap / Gold Eq.: $103.11 $90.97 n/a $-12.14
FD MCap / Silver Eq.: $1.24 $1.16 n/a $-0.08
FD MCap / Per Metal
as % Spot Price:
4.38% 3.92% n/a -0.46%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×